Question: Please 100% correct within few minutes or else skip 60 Ram, Raj and George are partners sharing profits in the ratio 5:3 : 2. According

Please 100% correct within few minutes or else skip 60 Ram,

Please 100% correct within few minutes or else skip 60 Ram, Raj and George are partners sharing profits in the ratio 5:3 : 2. According to the partnership agreement George is to get a minimum amount of $10,000 as his share of profits every year. The net profit for the year ended 31st March, 2016 amounted to 40,000. Prepare the Profit and Loss Appropriation Account

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